News@lemmy.world · 1 year ago

Biden launches ‘most affordable ever’ student loan repayment plan

www.theguardian.com

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Biden launches ‘most affordable ever’ student loan repayment plan

www.theguardian.com

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News@lemmy.world · 1 year ago

Announcement comes two months after supreme court struck down Biden’s original debt forgiveness plan

Federal student loan borrowers can expect “the most affordable student loan plan ever”, Biden said in a video address on Tuesday announcing significant changes to the debt from higher education held by over an eighth of the country.

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1 year ago
Biden also launched a significant increase to both interest rates and payments. His plan is worse than how things were when he took office.

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